SolitudeEcho
Mon Jul 15 2024
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5 answers
976
What is a Filecoin storage provider?
Could you elaborate on the role and function of a Filecoin storage provider in the broader cryptocurrency and decentralized storage ecosystem? I'm curious to understand how they contribute to the network and how they are incentivized to provide reliable storage services. Additionally, I'm interested in knowing if there are any specific requirements or qualifications that a Filecoin storage provider needs to meet in order to participate in the network. Could you also explain how the storage providers are compensated for their services and how the Filecoin token plays a role in this process?
